Thread by @MudKevin

This Bitcoin mining operation, with 70,000 units running around the clock, is doing the same thing that you could once do on your laptop. Mining Bitcoin does not have to be costly but the more BTC is worth, the more $$ is spent competing for it, so difficulty adjusts up.

https://twitter.com/StephenF55/status/1371446688855031808

Imagine a rare Pokemon is in my yard and it takes my kids 10 minutes to find it. Every 10 minutes a new one appears, and soon neighbor kids join the search. They find it too quickly, so the search area expands. More and more kids come, and the search area keeps expanding. Why?

Because $BTC needs about 10 minutes for a block of transactions, so the more effort put into mining, the more the puzzle gets complex. Where does it end? Half of earth's energy put into mining BTC? Meanwhile, #IOTA has no blocks, no mining, no fees, and is a secure ledger also.

There is nothing special about what $BTC can do compared to other cryptocurrencies--it was just the first and has the brand recognition & network effect. But what does it actually DO? Not much. #IOTA will actually be USEFUL to industry and will SOLVE PROBLEMS. Just watch!

Or, you can do more than watch-you can buy #IOTA (in the U.S. I recommend binance.us). You can encourage development and adoption of a cryptocurrency that will make the world more transparent, efficient, and equitable. As a plus, token price will rise as value grows.